Centre for Transformative Innovation & Swinburne Law School: Research Seminar (17 August)
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|Date:||Thursday 17 August 2017|
|Venue:||Moot Court, TD120, Swinburne University, Hawthorn Campus|
Export Emergence and Diffusion Patterns over the Product Space during Trade Liberalisation
by Matthew McKay, Australian National University
This article examines the impact of trade liberalisation on export performance, covering 96 liberalisation episodes in 129 countries over 1962-2012.
Product emergence and diffusion metrics are constructed and used in an econometric analysis to examine the average within-country impact of trade liberalisation on product emergence characteristics through the product space. The findings indicate that trade liberalisation is associated with: a) an increase in the rate of products that emerge with high proximity to current country exports, and b) a moderate increase in the distance of diffusion to products that are more dissimilar to those in the pre-reform export basket. Overall, the analysis suggests that trade liberalisation contributes to both the accumulation and diversification of underlying country capabilities.
About the speaker
I am working at the Australian National University as a Post Doctoral researcher with the QuantEcon project. My current research focuses on network complexity analysis that is applied to international trade data, and how new metrics and insights can be used to further understand the changing structure of developing economies and its relationship with economic policy.
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